Comedian vs Fartcoin

Fartcoin (FARTCOIN) is 2.4× the size of Comedian (BAN) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 8.1 percentage points (BAN -24.9% against FARTCOIN -16.8%). Their daily returns move loosely together (correlation 0.46 across 53 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against BAN's 79%.

Correlation: 0.46
Size ratio: 1 : 2.4
Ahead over 30 days: FARTCOIN

ComedianBAN

$0.050645

24h: +2.87%
Market cap: $50.64M
Volume 24h: $3.33M
Volatility (ann.): 79%

FartcoinFARTCOIN

$0.119847

24h: +1.70%
Market cap: $119.84M
Volume 24h: $11.77M
Volatility (ann.): 156%

BAN 29.7%Share of the two combined market caps70.3% FARTCOIN

Performance

BANFARTCOIN

7 days-11.84%-8.30%FARTCOIN
30 days-24.90%-16.75%FARTCOIN

Correlation

0.46over 53 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	BAN	FARTCOIN
Max drawdown (400d)	-34.6%	-46.0%
Risk-adjusted return (90d)	-0.37	-0.11

Relative strength over 90 days: FARTCOIN outperformed BAN by 9.8% — measured on the BAN/FARTCOIN ratio, so it holds regardless of market direction.

Comedian →Fartcoin →